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[Al] CBI Daily Review - 2009/7/3 Aluminum Market

iconJul 3, 2009 00:00

SHANGHAI, July 3 (CBI China) -- LME aluminum price fell slightly, and today SHFE aluminum price moved downward and showed an active performance. Trading volumes increased significantly to 206,096 lots, and the positions increased as well. Aluminum price will continue to fluctuate due to weak market fundamentals and great inventory pressure.

SHFE Market

 
Aluminum – Spot Month
RMB/USD
SHFE Close
Settlement
Weighted Ave.
June 15th
13,500
13,500
13,100
1:6.8343
July 3rd    
13,605
13,685
13,543
1:6.8333
 

 
Aluminum – 3mth
Shanghai Spot
A00 Aluminum Ingot
SHFE Close
Settlement
Weighted Ave.
June 15th
13,295
13,315
12,875
13,525
July 3rd    
13,490
13,550
13,389
13,715

 

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